earnings
confidence high
sentiment positive
materiality 0.80
MSC Income Fund Q4 2024 NII $0.35/sh, NAV $15.53; NYSE listing & $91M equity raise in Jan 2025
MSC INCOME FUND, INC.
- Q4 net investment income $0.35 per share ($14.2M), total investment income $33.5M.
- NAV $15.53 per share (up 1.0% from Q3); full year dividends $1.44/share (up 5.1% YoY).
- Completed NYSE listing Jan 2025; sold 6.325M shares for ~$91M net proceeds.
- Reduced annual base management fee to 1.5% of average total assets; share repurchase plan up to $65M.
- Non-accrual investments 1.5% of portfolio at fair value; weighted-average yield 12.0% on private loan.